This book provides readers with a thorough, but concise, understanding of concepts, behavior, and accounting techniques applicable to manufacturing cost systems.
This textbook introduces cost concepts, cost behavior, and cost accounting techniques, applying them to manufacturing and service businesses. It provides instruction on calculating the cost of products and services, setting prices, bidding on contracts, and analyzing profitability. It also describes the evaluation of management and subunit performance within an organization, and the use of accounting to move managers toward the organization's goals. Specific chapters cover materials, labor, factory overhead, process cost accounting, standard cost accounting, budgeting, service businesses, and management decision making. VanDerbeck teaches accounting at Xavier University. Annotation c. Book News, Inc., Portland, OR (booknews.com)